GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jyoti CNC Automation Ltd (NSE:JYOTICNC) » Definitions » Days Payable

Jyoti CNC Automation (NSE:JYOTICNC) Days Payable : 184.37 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Jyoti CNC Automation Days Payable?

Jyoti CNC Automation's average Accounts Payable for the six months ended in Mar. 2024 was ₹3,654 Mil. Jyoti CNC Automation's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹3,617 Mil. Hence, Jyoti CNC Automation's Days Payable for the six months ended in Mar. 2024 was 184.37.

The historical rank and industry rank for Jyoti CNC Automation's Days Payable or its related term are showing as below:

NSE:JYOTICNC' s Days Payable Range Over the Past 10 Years
Min: 206.55   Med: 232.79   Max: 313.5
Current: 206.55

During the past 4 years, Jyoti CNC Automation's highest Days Payable was 313.50. The lowest was 206.55. And the median was 232.79.

NSE:JYOTICNC's Days Payable is ranked better than
87.33% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs NSE:JYOTICNC: 206.55

Jyoti CNC Automation's Days Payable increased from Mar. 2023 (0.00) to Mar. 2024 (184.37). It may suggest that Jyoti CNC Automation delayed paying its suppliers.


Jyoti CNC Automation Days Payable Historical Data

The historical data trend for Jyoti CNC Automation's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jyoti CNC Automation Days Payable Chart

Jyoti CNC Automation Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Payable
313.50 231.22 234.36 212.53

Jyoti CNC Automation Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24
Days Payable - - - 225.80 184.37

Competitive Comparison of Jyoti CNC Automation's Days Payable

For the Specialty Industrial Machinery subindustry, Jyoti CNC Automation's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jyoti CNC Automation's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jyoti CNC Automation's Days Payable distribution charts can be found below:

* The bar in red indicates where Jyoti CNC Automation's Days Payable falls into.



Jyoti CNC Automation Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Jyoti CNC Automation's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (4129.91 + 3715.48) / 2 ) / 6737*365
=3922.695 / 6737*365
=212.53

Jyoti CNC Automation's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (3591.88 + 3715.48) / 2 ) / 3616.54*365 / 2
=3653.68 / 3616.54*365 / 2
=184.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Jyoti CNC Automation Days Payable Related Terms

Thank you for viewing the detailed overview of Jyoti CNC Automation's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Jyoti CNC Automation (NSE:JYOTICNC) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Website
Jyoti CNC Automation Ltd is a manufacturers of CNC machines. It is a manufacturer of simultaneous 5-Axis CNC machines and has a diverse portfolios of CNC machines including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs), CNC Horizontal Machining Centers (HMCs), simultaneous 3-Axis CNC machining Centers, simultaneous 5-Axis CNC machining Centers and multi-tasking machines.

Jyoti CNC Automation (NSE:JYOTICNC) Headlines

No Headlines